Establishes mortgage payment relief and foreclosure protection for certain homeowners impacted by the remnants of Hurricane Ida.

This New Jersey bill provides temporary mortgage relief to homeowners directly impacted by Hurricane Ida's 2021 flooding. It requires mortgage servicers to grant a one-year payment pause (forbearance) to eligible homeowners who received federal disaster aid for storm-damaged primary residences, meet income limits (under 150% of median income), and have limited savings. During this period, servicers cannot charge fees, penalties, or report negative credit information, and must halt foreclosure actions. The relief applies only to those who obtained FEMA or similar federal assistance for damage sustained to their homes.